RAIFFEISEN BANK
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Raiffeisen Bank: Card Payments Soar 70% In March 2020; Interest In Digital Services On The Rise
The volume of online payments by card made by Raiffeisen Bank customers via debit cards soared 70% year-on-year in March 2020, while cash withdrawals at the bank’s ATMs fell 18%, according t...
Raiffeisen Bank Manager: 9-Month Loan Deferral Not a One-Size-Fits-All Solution
Catalin Munteanu, executive manager for individual customers at Raiffeisen Bank, said Mnday deferring loan installments for up to nine months is not a solution that fist any situation and cu...
Raiffeisen Bank Expects Romania’s Economy To Contract 2.5% In 2020, Grow 4.5% In 2021
Raiffeisen Bank has built a new economic growth scenario for Romania, in the context of the coronavirus crisis, forecasting an economic contraction of 2.5% for 2020 (with a sharp contraction...
Raiffeisen Bank Posts RON779M Net Profit In 2019 Vs Record Level Of RON881 In 2018
Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, on Wednesday said it ended 2019 with a net profit of RON779 million, lower than its record profit of RON881 million in...
IFC Invests in Raiffeisen Bank Romania to Boost Access to Finance for SMEs and Green Housing
International Finance Corporation (IFC) is providing a financing package of RON720 million ($168 million equivalent) to Raiffeisen Bank Romania to boost financing for small and medium enterp...
Raiffeisen Bank 9-Month Net Profit Falls 25% YoY To RON536M
Raiffeisen Bank on Thursday said it ended the third quarter of 2019 with a net profit of RON536 million, down 25% from the year-earlier period, due to provisioning the participation in housi...
Raiffeisen Bank Posts RON348M Profit in 1H/2019, Down 9% Due to Provisions
Lender Raiffeisen Bank on Thursday reported a net profit of RON384 million for the first half of the year, down 9% from RON423 million in the same period last year, due to changes in calcula...
Ameropa Contracts EUR324M Syndicated Credit Facility
Swiss-held Ameropa, one of the biggest grain traders and chemical fertilizer producers in Romania, has contracted a multi-currency revolving-type credit facility worth EUR324 million with a...
Raiffeisen Bank Announces Upbeat Expectations About Lending Market In Next One And A Half Years
The lending market looks very good at present and it is expected to stay like this in the next one and a half years, Felix Daniliuc, executive director with Raiffeisen Bank, told the ZF Bank...